Business News

President Bola Tinubu on Monday launched the Geometric Power Plant in Aba, 20 years after the project was initiated by a former Minister of Power, Barth Nnaji. Tinubu also inaugurated...

The Monetary Policy Committee of the Central Bank of Nigeria may raise the Monetary Policy Rate, otherwise known as the benchmark interest rate at the end of the meeting on...

The President of Afreximbank, Professor Benedict Oramah, has said that having a robust health system will stem the increasing migration of healthcare workers from the African continent. According to a...

Analysts at Meristem Research have projected that the newly constituted Monetary Policy Committee would hike the Monetary Policy Rate at its meeting scheduled for Monday and Tuesday. In its macroeconomics...

The Federal Mortgage Bank of Nigeria has initiated a rehabilitation process to revive about 46 abandoned housing projects nationwide. The bank said this would be achieved through a partnership with...

The Federal Government is expecting 1,268 megawatts of power from the concession and development of eight brown and green field hydropower projects constructed through public private partnerships. It was gathered...

Pius Ukeyima Akutah, executive secretary/chief executive officer of the Nigerian Shippers Council (NSC), the country’s port economic regulator, has said that the Council and the Federal Ministry of Marine and...

Equity investors lost N67bn on Thursday, as the Nigerian Exchange returned to the red zone. Sell-offs in banking, insurance, and consumer goods sectors dragged the All-Share Index to a 0.12...

The Central Bank of Nigeria (CBN) is contemplating measures to prohibit Bureau De Change (BDC) operators from engaging in street trading and to impose a maximum cash purchase limit of...

According to the National Transportation Safety Board (NTSB) of the United States, Herbert Wigwe, the founder of Access Holdings Plc, was killed in a helicopter crash that began as a...